IDEAS home Printed from https://ideas.repec.org/a/prg/jnlcfu/v2010y2010i4id89p90-95.html
   My bibliography  Save this article

The Reasons for the Adoption of IFRS: Economic or Institutional?
[Důvody pro přijetí IFRS: ekonomické nebo institucionální?]

Author

Listed:
  • Dana Kovanicová

Abstract

Some countries take IFRS without hesitation, the other accept them only in part or even prevent their acceptance. Judge at al. (2010) concluded that the degree of which IFRS are included within national economies, is the resultant of load pressure exerted by the institutions: this pressure can be coercive, imitative or normative. The discussion on article aims to confirm that the process of adopting IFRS is controlled by the pressure of the official institutions rather than by economic efficiency for those entities who implement IFRS. On the other hand, the authors' opinion, that more attention was attached to the consequences of the adoption of IFRS than to the reasons for their adoption, is controversial. As regards the European Union we can demonstrate that the costs and benefits associated with the implementation of IFRS is absolutely insufficient.

Suggested Citation

  • Dana Kovanicová, 2010. "The Reasons for the Adoption of IFRS: Economic or Institutional? [Důvody pro přijetí IFRS: ekonomické nebo institucionální?]," Český finanční a účetní časopis, Prague University of Economics and Business, vol. 2010(4), pages 90-95.
    • Handle: RePEc:prg:jnlcfu:v:2010:y:2010:i:4:id:89:p:90-95
    DOI: 10.18267/j.cfuc.89
    as

    Download full text from publisher

    File URL: http://cfuc.vse.cz/doi/10.18267/j.cfuc.89.html
    Download Restriction: free of charge
    File URL: http://cfuc.vse.cz/doi/10.18267/j.cfuc.89.pdf
    Download Restriction: free of charge
    File URL: https://libkey.io/10.18267/j.cfuc.89?utm_source=ideas
    LibKey link: if access is restricted and if your library uses this service, LibKey will redirect you to where you can use your library subscription to access this item
    ---><---

    As the access to this document is restricted, you may want to search for a different version of it.

    References listed on IDEAS

    as
    1. Luděk Kouba, 2009. "Návrh klasifikace soudobých sociálně-ekonomických přístupů k teorii růstu [The Proposal of Original Classification of Contemporary Social-Economic Approaches to the Growth Theory]," Politická ekonomie, Prague University of Economics and Business, vol. 2009(5), pages 696-713.
    Full references (including those not matched with items on IDEAS)

    Most related items

    These are the items that most often cite the same works as this one and are cited by the same works as this one.
    1. Jiří Mihola & Petr Wawrosz, 2014. "Alternativní metoda měření extenzivních a intenzivních faktorů změny HDP a její aplikace na vývoj HDP USA a Číny [An Alternative Method How to Measure Impact of the Intensive and Extensive Factors ," Politická ekonomie, Prague University of Economics and Business, vol. 2014(5), pages 583-604.
    2. Michal Mádr & Luděk Kouba, 2015. "The Impact of Institutional Environment on Inflows of Foreign Direct Investment in European Transition Economies and Latin American Countries [Vliv institucionálního prostředí na příliv přímých zah," Acta Oeconomica Pragensia, Prague University of Economics and Business, vol. 2015(1), pages 45-60.

    More about this item

    Keywords

    Corporate Governance; IFRS Adoption; Institutional theory; Řízení a správa společnosti; Přijetí IFRS; Institucionální teorie;
    All these keywords.

    JEL classification:

    • G30 - Financial Economics - - Corporate Finance and Governance - - - General
    • M41 - Business Administration and Business Economics; Marketing; Accounting; Personnel Economics - - Accounting - - - Accounting

    Statistics

    Access and download statistics

    Corrections

    All material on this site has been provided by the respective publishers and authors. You can help correct errors and omissions. When requesting a correction, please mention this item's handle: RePEc:prg:jnlcfu:v:2010:y:2010:i:4:id:89:p:90-95. See general information about how to correct material in RePEc.

    If you have authored this item and are not yet registered with RePEc, we encourage you to do it here. This allows to link your profile to this item. It also allows you to accept potential citations to this item that we are uncertain about.

    If CitEc recognized a bibliographic reference but did not link an item in RePEc to it, you can help with this form .

    If you know of missing items citing this one, you can help us creating those links by adding the relevant references in the same way as above, for each refering item. If you are a registered author of this item, you may also want to check the "citations" tab in your RePEc Author Service profile, as there may be some citations waiting for confirmation.

    For technical questions regarding this item, or to correct its authors, title, abstract, bibliographic or download information, contact: Stanislav Vojir (email available below). General contact details of provider: https://edirc.repec.org/data/uevsecz.html .

    Please note that corrections may take a couple of weeks to filter through the various RePEc services.

    IDEAS is a RePEc service. RePEc uses bibliographic data supplied by the respective publishers.